Dollar declines going into the payrolls

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Thursday, the dollar rebound took a breather. USD/JPY struggled to sustain north of 114 even as US equities reversed early losses. EUR/USD also rebounded well north of 1.09. Investors took profit on EUR/USD shorts after a protracted decline recently and a failed test a of the 1.0810 support. The US ISM non-manufacturing was slightly better than expected, but didn’t really help the dollar. EUR/USD closed the session at 1.0957 (from 1.0868 on Wednesday). USD/JPY set again a slightly

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